Business, 06.05.2020 04:29 andybiersack154
Dog Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During March, the kennel budgeted for 4,000 tenant-days, but its actual level of activity was 4,040 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March: Data used in budgeting: Fixed element per month Variable element per tenant-day Revenue - $ 34.90 Wages and salaries $ 2,900 $ 7.90 Food and supplies 1,900 14.40 Facility expenses 8,400 3.40 Administrative expenses 6,900 0.40 Total expenses $ 20,100 $ 26.10 Actual results for March: Revenue $ 131,231 Wages and salaries $ 28,590 Food and supplies $ 60,575 Facility expenses $ 21,800 Administrative expenses $ 7,099 The revenue variance for March would be closest to:
Answers: 2
Business, 22.06.2019 10:10
Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):
Answers: 1
Business, 22.06.2019 14:00
Which of the following would be an accurate statement about achieving a balanced budget
Answers: 1
Business, 22.06.2019 15:30
Calculate the required rate of return for climax inc., assuming that (1) investors expect a 4.0% rate of inflation in the future, (2) the real risk-free rate is 3.0%, (3) the market risk premium is 5.0%, (4) the firm has a beta of 2.30, and (5) its realized rate of return has averaged 15.0% over the last 5 years. do not round your intermediate calculations.
Answers: 3
Business, 22.06.2019 19:50
Right medical introduced a new implant that carries a five-year warranty against manufacturer’s defects. based on industry experience with similar product introductions, warranty costs are expected to approximate 2% of sales. sales were $8 million and actual warranty expenditures were $42,750 for the first year of selling the product. what amount (if any) should right report as a liability at the end of the year?
Answers: 2
Dog Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day i...
Mathematics, 31.07.2019 00:00
Mathematics, 31.07.2019 00:00
History, 31.07.2019 00:00
Chemistry, 31.07.2019 00:00
English, 31.07.2019 00:00
English, 31.07.2019 00:00
Biology, 31.07.2019 00:00
Biology, 31.07.2019 00:00
Social Studies, 31.07.2019 00:00
Mathematics, 31.07.2019 00:00